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U.S. Storage and Optical Stocks Decline as Micron Falls 2.88%

Declines narrowed Monday, Oct. 12, across the storage and optical communications sectors, while Applied Optoelectronics fell 6.47%.

Semiconductor wafer and fiber-optic transceiver on a cleanroom surface / TokenPost.ai
Semiconductor wafer and fiber-optic transceiver on a cleanroom surface / TokenPost.ai

U.S.-listed storage and optical communications stocks declined Monday, Oct. 12, as declines narrowed across the storage and optical communications sectors. Micron Technology fell 2.88%.

Western Digital dropped 2.11%, while SanDisk declined 5.68%. Seagate Technology lost 3.62%, and SK Hynix fell 3.67%.

Optical communications stocks also moved lower. Applied Optoelectronics dropped 6.47%, Coherent fell 7.14% and Credo declined 5.69%. Nokia lost 2.99%, while Lumentum was down 1.57%.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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